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of what is happening or about to happen in the markets |
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What should you look for in an investment newsletter?
Should you:
- look for one that agrees with your perception of the current market?
- look for one that is in agreement with most of the investment beliefs you read in the financial media?
- look for an investment newsletter that offers you investments that have enjoyed a consistent rise in value every year since 1982?
Money managers and brokers are the reason most investors buy near the top and sell near the bottom. Human nature dictates that being part of a herd is comfortable, especially if that comfort is reinforced by what you read, hear or see on TV. After all, aren’t the majority usually correct? Unfortunately that’s seldom true when investing is involved. Do you know that few investors had any interest in stocks in 1982 when the latest bull market began? You probably remember that millions of investors lost trillions of dollars between 2000 and 2002 because they refused to believe that the bull market was ending. Were there any signals that it was time to begin buying stocks in 1982? Were there any warning signs before the 1987 crash? Were there any warning signs that the bull market was nearing an end in 1999? The answer is yes, if you knew where to look.
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 Jim Shepherd, Founder and President |
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On Feb.5, 2008
Jim Shepherd was interviewed by Chuck Jaffe on his 'Your Money' show
An audio file of the interview can be heard here for those who missed the interview.
Windows Media MP3 Audio |
Combined household debt now totals a staggering $13 Trillion
The consumer now represents 70-80% of GDP (Personal Consumptions Expenditures), it doesn't take much reasoning to conclude that if debt has been expanded dramatically to allow for consumers to continue spend, when that ends (as it is now) it will mean trouble.
Jim Shepherd from a Newsletter in The Shepherd Investment Strategist August 17, 2007
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